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Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and inflation present challenges, according to a global financial institution. In its latest outlook released on 9 July, the Asian Development Bank (ADB) forecast that Laos’ economic growth will ease this year while inflation surges, driven largely...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...
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Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies...
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Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...
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Champasak Signs Deal for New 5-MW Solar Power Project

Authorities in Champasak signed a concession agreement on 3 July with a private company...
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Inflation Rate in Laos Sees Slight Dip in August

Laos experienced a slight dip in its inflation rate in August, which stood at 24.3 percent, down from July’s 26.1 percent. Despite the slower...

Bank of Laos Increases Interest Rates Amid Economic Challenges

The Bank of Laos (BOL) has announced a hike in interest rates to tackle rising inflation. After a recent Monetary Policy Committee meeting, the...

Laos, Vietnam to Introduce Kip-Dong Cross-Border Payment System

Laos and Vietnam are set to Launch a new payment system enabling direct trade transactions in kip and dong currencies. Starting in September, the...

First Cold-Chain Train Connects Yunnan with Vientiane

China has introduced its first refrigerated freight train service from Yunnan Province to Laos via the Lao-China Railway, marking a significant step in enhancing...

Government Considers Increasing Employee Allowances to Counter Rising Costs

To address the growing cost of living, the Lao government is considering a proposal to raise allowances for employees in enterprises. This topic is...

First Meteorological Tower to be Installed for Savannakhet Wind Farm Projects

On 22 August, a groundbreaking ceremony was held for the first meteorological tower in Nathou village, Phin district, Savannakhet Province. This tower will collect...
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